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'Sahara Sebi' - 27 Video Result(s)

'Sahara Sebi' - 170 News Result(s)

  • Sahara Mutual Fund's Registration Cancelled by Market Regulator

    Sahara Mutual Fund's Registration Cancelled by Market Regulator

    Sahara group has been engaged in a long-running regulatory and legal battle with Sebi ever since the regulator ordered refund of a massive amount of over Rs 24,000 crore by two Sahara entities. Recently, Sebi had also cancelled the Portfolio Management licence of a Sahara firm.

  • Sahara Wants US Court to Reject Attachment Plea for Plaza and Dream Downtown Hotels

    Sahara Wants US Court to Reject Attachment Plea for Plaza and Dream Downtown Hotels

    Slapped with a $350 million lawsuit seeking attachment of its two prized hotels here, crisis-ridden Sahara has told a US court in New York that it has been wrongly dragged into a dispute between two entities over "a potential business relationship gone sour".

  • Supreme Court Verdict on Sahara Chief Subrata Roy Likely on Friday

    Supreme Court Verdict on Sahara Chief Subrata Roy Likely on Friday

    The Supreme Court is likely to pronounce, on Friday, the verdict that will decide the fate of Sahara chief Subrata Roy and two group directors who are in jail since March 4 last year for not complying with the court's order to return investors' Rs.24,000 crores that two group companies SIRECL and SHFCL had collected in 2007-08.

  • Sahara Chief Subrata Roy To Stay On In Jail: 10 Facts

    Sahara Chief Subrata Roy To Stay On In Jail: 10 Facts

    Mr Roy has been held in jail for more than a year after Sahara failed to comply with a court order to refund crores of rupees it had raised in bonds deemed illegal.

  • Need to Resolve Row Over Amount to be Paid by Sahara Group: Court

    Need to Resolve Row Over Amount to be Paid by Sahara Group: Court

    Senior advocate Kapil Sibal, representing the group, asked the bench as well as SEBI and senior advocate Shekhar Naphade, who is assisting the court as amicus curiae, in the matter to accept the draft of the bank guarantees which would be from a scheduled bank.

  • Sebi Makes Fresh Bid to Find Sahara Investors for Refunds

    Sebi Makes Fresh Bid to Find Sahara Investors for Refunds

    Making a fresh bid to locate Sahara investors eligible for refunds, the Securities and Exchange Board of India (Sebi) has asked the bondholders of two Sahara firms to submit their claims along with the proof of investments.

  • Sebi Moves US Court With $12 Million Claim on Sahara Jet Sale

    Sebi Moves US Court With $12 Million Claim on Sahara Jet Sale

    In a new twist to the high profile Sahara-Securities and Exchange Board of India case, the Indian capital market regulator has approached a US court with a $12-million claim on proceeds from sale of a corporate jet owned by a Sahara group firm.

  • Sebi Cancels Sahara's Mutual Fund Licence

    Sebi Cancels Sahara's Mutual Fund Licence

    Sebi said Sahara's asset management company has 30 days to transfer its business to another company.

  • Some Staff Say Sahara Hasn't Paid Salaries for Months: Report

    Some Staff Say Sahara Hasn't Paid Salaries for Months: Report

    Sahara's long-drawn dispute with the Securities and Exchange Board of India (Sebi) over investor repayments has begun to take its toll on salaries of the group's employees, which are getting delayed amid a major liquidity crunch.

  • RBI Moves Top Court to Stop Sahara from Selling Assets

    RBI Moves Top Court to Stop Sahara from Selling Assets

    In an application, the Reserve Bank of India (RBI), sought modification of the order allowing Sahara Group to sell its assets for generating funds.

  • Sebi Questions Ownership of Sahara Properties: Report

    Sebi Questions Ownership of Sahara Properties: Report

    A senior official and a separate source with direct knowledge of the situation said the market regulator has been checking an affidavit filed by Sahara detailing property assets, as time runs out for the group to post $1.6 billion in bail to free its jailed founder.

  • Sahara Chief Subrata Roy's Get-Out-Of-Jail Deal Mired In Mystery: Report

    Sahara Chief Subrata Roy's Get-Out-Of-Jail Deal Mired In Mystery: Report

    Bail amount set at Rs 10,000 crore, highest-ever in India.

  • Sebi Lowers Sahara Case Expense Estimates to Rs 26 Crore

    Sebi Lowers Sahara Case Expense Estimates to Rs 26 Crore

    As per the court orders, Saharas were asked to bear the costs incurred by Sebi in identifying the investors and repayment of refunds to them, which has been an uphill task for the capital markets watchdog.

  • Sebi Makes Fresh Bid to Find Sahara Investors

    Sebi Makes Fresh Bid to Find Sahara Investors

    In a fresh effort to locate Sahara investors eligible for refunds, the Securities and Exchange Board of India (Sebi) has asked bondholders to submit their claims by next month along with necessary proof of their investments.

  • Sahara Allowed to Sell Properties Worth Rs 2,700 Crore

    Sahara Allowed to Sell Properties Worth Rs 2,700 Crore

    The Supreme Court on Tuesday permitted the Sahara Group to proceed with the sale of four domestic properties in its bid to raise Rs 10,000 crore for the release of its jailed chief Subrata Roy. The property sale is likely to fetch Rs 2,710 crore.

  • Sahara Looks to Raise $650 Million Loan to Fund Bail

    Sahara Looks to Raise $650 Million Loan to Fund Bail

    The Sahara conglomerate on Friday said it aimed to raise $650 million (Rs 4,037 crore at 1 dollar = 61 rupees) in loans to secure the release of its chief, in jail for nearly nine months over the group's failure to refund billions of dollars to investors in outlawed bonds.

  • Sebi Piles Pressure on Sahara to Sell Overseas Hotels

    Sebi Piles Pressure on Sahara to Sell Overseas Hotels

    The Securities and Exchange Board of India (Sebi) has accused Sahara of deliberately failing to sell its marquee overseas hotels in New York and London, seen as crucial to it complying with an order to repay investors and secure the release of jailed head Subrata Roy.

  • Sahara Not Interested in Selling Properties: Sebi

    Sahara Not Interested in Selling Properties: Sebi

    Market regulator Securities and Exchange Board of India or Sebi on Thursday moved Supreme Court over Sahara's failure to sell properties to repay investors. In its petition, the market regulator said it has received complaints from buyers that Sahara is not interested in selling its properties, as directed by the top court.

  • Special Court to Hear Sebi Matters Likely Soon

    Special Court to Hear Sebi Matters Likely Soon

    To fast track prosecution and investigations initiated by the Securities and Exchange Board of India (Sebi) against defaulters, a special court may be set up soon to hear such cases as the regulator has taken up this matter with the government and judiciary.

  • Sahara Seeks More Time to Seal Rs 1,800 Crore Property Deal

    Sahara Seeks More Time to Seal Rs 1,800 Crore Property Deal

    Sahara chief Subrata Roy today moved Supreme Court seeking more time for negotiations to sell properties. Sahara chiefs lawyer told the top court that he needs ten more days as the negotiations are in crucial stage and likely to get fetch around Rs 1,800 crore.

  • Enact Laws to Protect Depositors' Money: Sebi to States

    Enact Laws to Protect Depositors' Money: Sebi to States

    The Securities and Exchange Board of India (Sebi) on Monday asked the states to enact laws to ensure depositors' interests are safeguarded.

  • Sebi Makes Fresh Bid to Find Sahara Investors; Sets Deadline

    Sebi Makes Fresh Bid to Find Sahara Investors; Sets Deadline

    Those having invested in various bonds issued by two Sahara firms, Sahara India Real Estate Corp Ltd (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL) have been asked by Sebi to submit their refund applications along with necessary documentary proof by September 30, 2014.

  • Sahara Chief Gets 15 More Days to Negotiate Deals from Hi-Tech Office in Jail

    Sahara Chief Gets 15 More Days to Negotiate Deals from Hi-Tech Office in Jail

    Mr Roy was jailed in March after he failed to appear at a contempt hearing in the long-running dispute with the capital markets watchdog Sebi (Securities and Exchange Board of India) over the company's failure to repay crores to investors who were sold outlawed bonds.

  • Jailed Subrata Roy Gets Office to Negotiate Hotel Sales

    Jailed Subrata Roy Gets Office to Negotiate Hotel Sales

    Roy, head of the Sahara conglomerate, was jailed on March 4 for failing to appear in court in a legal battle with India's capital market's watchdog. He needs to raise Rs 10,000 crore to have a chance of release.

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